Apologies if this is a topic which has already been extensively discussed, but does it not disturb anyone that in the last week ~55% of network hashrate has been shared between 2 pools? Maybe my judgement is incorrect but it seems like a disaster just waiting to happen. Is moving towards more asic resistant algorithms something which has been considering or is feesable?
It seems in the last couple of years mining has had a pretty dramatic shift into the hands of larger cooperations and governments.
Are my worries justified?
pseudospace.
I think your concern is legit and it's been discussing amon Bitcoin communities frequently... The best solution seems is to support development of trustless mining pools so any miner can join freely without need of any party to accept/verify his registration. Then such trustless decentralized pools can be governed by various token holders... Ocean pool (backed by Jack Dorsey) is claiming they are technically a open-source open-access pool for onboarding any miner. It's a good step forward and promising. But it's practically centralized and being controlled/censored by one party!